Please let me say first that I am an investor in Galaxy Resources and I only want to see the price continue to go upwards. However, to make sure that my investment is secure I have done some research and according to Macro Axis, Galaxy Resources has a STRONG SELL Recommendation based on almost every key indicator.
Summary Report Link Here ->
https://www.macroaxis.com/invest/advice/GXY.AX
Galaxy Resources Limited shows above average downside volatility of 4.47 for selected time horizon. We advise investors to further inspect Galaxy Resources Limited to make sure all market timing and asset allocation strategies are consistent with estimation about Galaxy Resources future alpha. Galaxy Resources Limited is a potential penny stock. Although Galaxy Resources may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial stock hype. Please make sure you totally understand upside potential and downside risk of investing in Galaxy Resources Limited. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings,sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on this equity instrument if you perfectly time your entry and exit. However, remember that penny stocks that has been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The one and only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
